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MilestoneCapital
1 jun 2020 01:23

Shriram Transport Finance - Breakout - Triangle Lång

Beskrivning

Shriram Transport Finance has broken above from a triangle pattern on 15 Mins time frame.
Initiate Long.
Target 1: 590
Target 2: 600

Stop Loss : 562

Trade stängt: målet nått

Kommentarer
abhishekjoglekar605
I have taken it @610 so kindly suggest me what should I do
MilestoneCapital
@abhishekjoglekar605, Wait for a few days more, you will get the level of 610.
abhishekjoglekar605
@MilestoneCapital, yes now it's @around 630 so and also news regarding raising fund upto 2000crore and right issues is coming so now should i sell all 25shares?
MilestoneCapital
@abhishekjoglekar605, If you haven't exited it already then tomorrow it is going to go back to 620-625 kind of level. Exit there.
nagulvali555
why stop loss at 562 ?
MilestoneCapital
@nagulvali555, SL should ideally be at a place where there is a little chance og it getting hit by the random whipsaws. It should also act as a level breach of which suggests a reversal therefore I chose it at 562.
nagulvali555
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